Company Registration No. 14867801 (England and Wales)
Digicool Ltd
Unaudited accounts
for the year ended 31 May 2026
Digicool Ltd
Unaudited accounts
Contents
Digicool Ltd
Company Information
for the year ended 31 May 2026
Company Number
14867801 (England and Wales)
Registered Office
School Master's House
39 College Street
Petersfield
GU31 4AG
England
Accountants
Newnham & Son Ltd
School Master's House
39 College Street
Petersfield
Hampshire
GU31 4AG
Digicool Ltd
Statement of financial position
as at 31 May 2026
Tangible assets
26,927
35,902
Cash at bank and in hand
7,711
27,262
Creditors: amounts falling due within one year
(18,785)
(26,730)
Net current assets
5,726
12,001
Called up share capital
1
1
Profit and loss account
32,652
47,902
Shareholders' funds
32,653
47,903
For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 September 2026 and were signed on its behalf by
R A Beckman
Director
Company Registration No. 14867801
Digicool Ltd
Notes to the Accounts
for the year ended 31 May 2026
Digicool Ltd is a private company, limited by shares, registered in England and Wales, registration number 14867801. The registered office is School Master's House, 39 College Street, Petersfield, GU31 4AG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Digicool Ltd
Notes to the Accounts
for the year ended 31 May 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2025
12,108
51,719
63,827
At 31 May 2026
12,108
51,719
63,827
At 1 June 2025
5,298
22,627
27,925
Charge for the year
1,702
7,273
8,975
At 31 May 2026
7,000
29,900
36,900
At 31 May 2026
5,108
21,819
26,927
At 31 May 2025
6,810
29,092
35,902
Amounts falling due within one year
Trade debtors
13,810
1,588
Accrued income and prepayments
344
393
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
18,577
17,858
Other creditors
1,000
1,000
Loans from directors
(10,815)
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan
-
10,815
-
10,815
The advance is unsecured, bears interest at 3.75% per annum and is repayable on demand.
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).